Provincial Land Transfer Tax Changes

Government Announces Provincial LTT Changes
November 14, 2016 -- The provincial government has announced significant changes to the provincial Land Transfer Tax (PLTT), including a doubling of the rebate available to first-time home buyers, bringing it in line with the City of Toronto's rebate, and an increase in the PLTT paid on the portion of the price of properties over $2,000,000 to help pay for the increase in the first time buyer rebate.